This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: A Swift Kick for Yahoo!

Click here for an archive of Cramer's "Mad Money" recaps.


"If Yahoo (YHOO - Get Report) wants to turn itself into the hot growth machine it once was, it needs to buy Monster Worldwide (MNST - Get Report)," Jim Cramer told viewers on his "Mad Money" TV show Friday.

All week Cramer has been recommending smaller companies that Yahoo!, which Cramer owns for his charitable trust, Action Alerts PLUS , could purchase "to jump-start its growth."

On previous shows, Cramer advised buying Bankrate (RATE) and The Knot (KNOT).

The Internet giant "needs to get its growth up, and Monster is a great candidate," he said.

Yahoo! tried to blame its poor performance on its sector, but because Google (GOOG - Get Report), which is in the same industry, is doing "great," it's evident that it's not the industry that's performing badly, but Yahoo!'s management, Cramer said.

In fact, Monster is worth owning even if Yahoo! doesn't buy it because it's a broken stock, not a broken company, Cramer said.

Monster charges more for its listings than its competitors and controls 48% of the online job market. Plus, it is partnering with newspapers, he said.

"If I were you, I'd buy Monster in the expectation that Yahoo! needs to buy smaller companies such as Monster, Bankrate and The Knot to dig itself out of the hole management has buried the company into," Cramer said.

But if not, Monster is a good buy on its own, as its fundamentals are intact, he said.

Cramer said that if Yahoo! fired CEO Terry Semel, he'd call the stock a triple buy.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DEO $105.70 1.28%
GS $189.21 2.61%
GOOG $637.61 1.43%
IBM $148.54 1.25%
MO $53.71 0.94%

Markets

Chart of I:DJI
DOW 16,654.77 +369.26 2.27%
S&P 500 1,987.66 +47.15 2.43%
NASDAQ 4,812.7080 +115.1720 2.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs